Kenneth Andresen Comment On Regulatory Notice 22-08
Kenneth Andresen
N/A
Limiting investment options, such as leveraged and inverse funds, to those that meet special income or asset tests is clearly discriminatory. These types of restrictions allow for the wealthy to financially gain from certain economic opportunities, while investors who are economically challenged would not be allowed to take advantage. The government would be restricting people who freely desire to purchase a form of investment insurance from doing so. I find that these types of investments are often restricted or removed when they will be needed most. Who are you really protecting? It clearly is not me.
Kenneth Andresen Comment On Regulatory Notice 22-08
Limiting investment options, such as leveraged and inverse funds, to those that meet special income or asset tests is clearly discriminatory. These types of restrictions allow for the wealthy to financially gain from certain economic opportunities, while investors who are economically challenged would not be allowed to take advantage. The government would be restricting people who freely desire to purchase a form of investment insurance from doing so. I find that these types of investments are often restricted or removed when they will be needed most. Who are you really protecting? It clearly is not me.